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Thailand: Business group cuts 2021 growth outlook

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Wednesday lowered its growth forecast to 1.5-3.5% this year, from 2.0-4.0% projected last month, saying the country’s new coronavirus outbreak, its most severe yet, will hamper an economic recovery. The downgrade is based on an assumption that the new epidemic is controlled within three […]

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Thailand: Travel scheme users won’t lose privileges

Thai tourists who made hotel bookings under the Rao Tiew Duay Kan (We Travel Together) co-payment scheme and cancelled or postponed their reservations due to concerns over Covid-19 will not lose their privileges under the campaign, according to the government. Deputy government spokeswoman Traisuree Taisaranakul said on Tuesday the government is holding talks with the […]

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